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Published from Chennai and Circulated among the trade across the country RNI TNENG/2014/59741
Wednesday, March 17, 2021
8 Pages
Nitin Gadkari Virtually Inaugurates Technology Centres Chennai
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Port Wings News Network inister of Micro, Small and Medium Enterprises, Shri Nitin Gadkari on 10 March virtually inaugurated two technology centres at Visakhapatnam in Andhra Pradesh and Bhopal in
innovation, Shri Gadkari said that “the youth of the country needs exposure, assistance and equipment to be successful”. Shri Gadkari said that “all arms of the Government should work in a coordinated manner to change social-economic landscape of the place”. He emphasised that “the country has huge potential for
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Madhya Pradesh, three extension centres of big technological centres and seven mobile Udyam Express. Speaking on the occasion, Shri Gadkari said that “if the country has to overcome three biggest problems of poverty, starvation and unemployment, then we have to create jobs”. He emphasised on “conversion of knowledge into wealth”. The Minister stressed on a “district-wise development plan to realise the dream of making an Aatmanirbhar Bharat”. He said that “the technological centres should have coordination, cooperation and communication with the local industries”. Talking about huge potential of Indian youth for research and
raw material, young and skilled manpower, government is ready to support all entrepreneurs and we need to take the cooperation of IITs, engineering colleges and successful persons in the society”. Shri Gadkari highlighted the need for integrated thinking and exhorted all stakeholders to come together, think together and work together. Talking about Indian automobile sector, Shri Gadkari said that “the target is to make Indian automobile industry worth 10 lakh crore rupees in next five years from present 4,50,000 lakh crore rupees”. The MSME Minister laid more emphasis on performance audit of all the technological and extension centres. He called upon
all concerned to make the system “result-oriented, transparent and corruption-free”. Speaking on the occasion, Minister of State for MSME, Shri Pratap Chandra Sarangi said that “around 2,50,000 students are getting training at these centres and the tool room works from normal designing to the area of robotics”. Talking about the mobile Udyam Express, Shri Sarangi said that “these mobile vans will go to the villages and make people aware about all aspects of entrepreneurship along with imparting training to them”. He said these vans will help people know everything about MSMEs. By establishing the new Technology Centres and Extension Centres throughout the country, the main objective of the Ministry of MSME is to further increase the geographic footprint of Technology Centres network through future ready new Technological Centres with vertical as well as horizontal expansion to cover more states and regions. It is estimated that after establishment of the new TCs/ECs, an additional capacity of skilling four lakh trainees and assisting one lakh MSMEs will be created to provide technology, incubation, skilling and advisory support to the Industry in the country, enabling increased competitiveness of the MSMEs, creation of new MSMEs and enhancement in the employability of the employed/ unemployed youth in the country.
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Korean Shipbuilders Land Ship Orders Worth 1.6 Trillion Won Chennai
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Port Wings News Network orean shipbuilders have bagged 1.6 trillion won worth of new ship construction orders. Korea Shipbuilding & Offshore Engineering (KSOE) announced on March 9 that it has recently won orders for eight ships worth 835 billion won from shipping companies in Liberia, Oceania and Europe, says a Business Korea report. The eight vessels include four 15,900-TEU super-large container ships, two 91,000-cubic-meter
Samsung Heavy Industries said it took an order for five 15,000-TEU LNG-powered container ships worth 794.2 billion won from a client in Asia on the same day. The vessels will be delivered sequentially by January 2024. Industry watchers attributed the shipbuilding industry’s order rally at the beginning of the year to growing anticipation for a global economic recovery and rising demand for ships that can satisfy decarbonization policies and environmental regulations. Korean shipbuilders are benefiting from the order recovery File Photo
super-large liquefied petroleum gas (LPG) carriers, one 40,000-cubicmeter medium-sized LPG carriers and one 50,000-ton PC ships. Each of the four container will be 364 meters long, 51 meters wide, and 30 meters tall. They will be built at Hyundai Heavy Industries in Ulsan and delivered sequentially to the client starting from the second half of 2022.
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as they have unrivaled expertise in LNG-powered ship construction. The shipping market is also feeding the order boom for Korean shipbuilders. The Shanghai Containerized Freight Index (SCFI), a global freight index for container ships, hit 2,885 points, the highest since Jan. 15, 2009 when the tally began. On Feb. 26, it stood at 2,775, about triple the 876 points posted a year before. Amid a significant increase in container ship orders, Korean shipbuilders won half of the global order placements. KSOE and Samsung Heavy Industries said they have attained 25 percent and 31 percent of their order targets for 2021, respectively.
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